Wax isn’t waning

Physical CD sales were down 20% in 2008. Digital album sales were up 32%. Vinyl LP sales were up a whopping 92%. Does this mean that, in the wake of the digital takeover, hardcore music lovers are grasping for something even more physical than the currently dying medium (i.e. CDs)? Are we opting for vinyl grooves over kbps? Stepping back to an older medium rather than relinquishing ourselves wholly to our iPod wheels? Bringing turntables back from the dead?

Granted, vinyl is a minuscule slice of the overall market (1.9 million units compared to 364 million units of CD sales), but it’s still an interesting rise.

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